Advertisement
01 Apr 2025
The Ulhasnagar Municipal Corporation (UMC) has released a list of the city's 100 largest property tax defaulters, which includes properties owned by politicians and prominent builders. Despite the implementation of the Abhay Yojana scheme, offering up to 100% relief on late payment fees, many property owners have not cleared their dues. The UMC warns that if these defaulters fail to settle their outstanding taxes, the corporation may initiate property seizures and auctions. Currently, out of 183,550 properties within UMC limits, there are arrears totaling INR 833.30 crore, with only INR 126 crore recovered as of March 22, 2025.
13 Mar 2025
The Ulhasnagar Municipal Corporation (UMC) has significantly boosted property tax collections through its Abhay Yojana scheme, which offers a 100% interest waiver for defaulters. On the last day alone, INR 16 crore was collected, bringing the 11-day total to INR 42 crore. Major contributions came from companies like Amar Dye (INR 7.7 crore) and ESIS Hospital (INR 1.49 crore). With property tax arrears exceeding INR 900 crore, UMC hopes to collect more before the March 18 deadline. While effective, the scheme has faced criticism for favoring defaulters over regular taxpayers. Similar rebate schemes have been used in Mumbai, Pune, and Nagpur.Read more
23 Oct 2024
Ulhasnagar's civic chief, Vikas Dhakne, has ordered the demolition of a 16-storey building named Jhalak due to its significant encroachment on a designated Development Plan (DP) road. The structure, which was to house 65 residential flats and four commercial shops, violated urban planning regulations. Ganesh Shimpi, assistant municipal commissioner, confirmed that preparations, including police security, are underway to execute the demolition within a week. Despite earlier warnings from former UMC commissioner Aziz Sheikh, the developer, Naresh Wadhwani, failed to rectify the encroachment, which covers 80% of the building. The decision, while praised by activists for upholding planning standards, has shocked buyers who now face the loss of their investments.Read more
Advertisement
04 Oct 2024
The Ulhasnagar Municipal Corporation (UMC) achieved a remarkable milestone by collecting over INR 5 crore in just one day during the National Lok Adalat, which provided property tax holders a chance to clear dues with a complete waiver on late fees. Despite facing historical challenges in tax collection that hindered city development, an energetic campaign led by Lengrekar and Tax Assessor Neelam Kadam has transformed revenue collection efforts. With dedicated teams in place, UMC has raised over INR 60 crore in six months, significantly improving financial resources for urban initiatives and ensuring a brighter future for the city.Read more
17 Jun 2024
Ulhasnagar, located in the Thane district of Maharashtra, is evolving from a densely populated township into a prime residential hub. Known for its vibrant textile industry, the area offers affordable housing and attracts a diverse population. In May, Vishwajeet Precious Phase 2 led real estate activity with 16 deals, highlighting the locality's growing appeal. Apartments in Ulhasnagar range from budget-friendly to high-end, catering to various buyer preferences. Despite its congestion, Ulhasnagar boasts a strong community spirit and excellent connectivity to Mumbai and Kalyan. With ongoing infrastructural improvements, it is becoming an increasingly attractive choice for families and professionals.Read more
Advertisement
